The commercial desk reports on office leasing and investment, retail and hospitality assets, industrial and logistics space, and the data centre pipeline across Singapore and the wider region.
The Philippine Department of Transportation expects a three-year construction timeline for the Las Piñas station of the LRT-1 Cavite Extension. The timeline includes demolition, acquisition, design and construction, with the property donation from the Villar group expected to be finalised this month
The government has no current plans to designate Tagore forest as a nature reserve, said National Development Minister Chee Hong Tat. The site, zoned for residential use, was proposed for protection by scientists in 2024.
Australian data centre operator NEXTDC is raising A$1.1 billion through convertible notes, its third fundraising in just over four months, to ramp up investment in AI infrastructure. Proceeds will fund the expansion of its local data centre pipeline, with fiscal 2027 capital expenditure expected to
Pag-IBIG Fund and SM Development Corp. signed an MoU on 8 Sept to expand the range of SMDC homes available through Pag-IBIG Housing Loans. The partnership, under President Marcos' Expanded 4PH programme, includes preferential pricing on selected units and buyer education programmes.
The Malaysian Anti-Corruption Commission says no Johor state executive councillor, officer or agency is linked to its probe into alleged corruption involving housing lot applications at Felda Tenggaroh 2. The chairman of the 2nd Generation Housing Site Action Committee was detained on Sept 7 over al
Scientex Bhd posted a 29.5% rise in net profit to RM199.92 million for the fourth quarter ended July 31, 2026, lifted by stronger performance from both its property and packaging divisions. Revenue grew 17.7% to RM1.40 billion, and the group recommended a final dividend of six sen per share for FY20
Marina Budiman of Indonesia is the wealthiest woman in South-east Asia with a net worth of US$6 billion, followed by Thailand's Somurai Jaruphnit and Vietnam's Pham Thu Huong, each at US$4.4 billion. The ranking comes from Forbes' real-time data and includes heiresses and self-made billionaires from
M3M Group has emerged as the highest bidder for a 12.5-acre mixed-use land parcel in Noida's Sector 108, quoting approximately ₹1,850 crore. The bid more than doubles the reserve price of ₹835 crore and drew interest from DLF Ltd, though only two groups participated in the final round.
Vietnam's Petrovietnam and South Korea's KEPCO have agreed to speed up discussions on building the Ninh Thuan 2 nuclear power plant. The talks cover technology, investment and financing options, with about 97.5 per cent of required land already cleared.
Hektar Real Estate Investment Trust (KL:HEKTAR) has appointed Datuk Seri Jamil Bidin, 69, as chairman effective immediately, filling a vacancy left since 2023. Jamil brings experience from senior roles at Putera Capital Bhd, KUB Malaysia Bhd and Halal Industry Development Corp.
Crescendo Corp Bhd has received the balance purchase price and late-payment interest for a RM263.21 million Johor land sale to MSFusion Sdn Bhd, intended for a data centre. The payment was made on 9 Sept 2026, following a default notice issued in August.
Singapore-listed Centurion Corp has agreed to buy a 7,974-bed purpose-built worker accommodation in Pasir Gudang, Johor for RM214.5 million. The deal will be the group's largest such asset in Malaysia and increase its Malaysian bed capacity by 22% to 43,980 beds.
A wave of new wealth from AI-focused companies such as OpenAI and Anthropic is reshaping luxury markets, with buyers prioritising private jets, expedition yachts and customised supercars over champagne and white-glove service. Property prices in San Francisco have surged, with the median single-fami
AI coding startup Cognition AI has raised US$2 billion in a Series E funding round, valuing the company at US$48 billion. The round was led by Andreessen Horowitz and Accel, with existing backers also participating. Cognition's run-rate revenue has grown to nearly US$900 million since its last round
An office unit at MOF Inc Tower in Kuala Lumpur has been rented for RM80,130 per month, reflecting RM7.10 psf. The tenant was attracted by the fully furnished fit-out and the layout, which allowed immediate occupancy.
SET-listed Minor International plans to grow branded residences to 30-40% of total revenue over the next few years, more than doubling the current share. The move is part of the company's pivot to an asset-light business model.
The Supreme Court dismissed Parsvnath Developers' proposal for handing over flats or repaying homebuyers, calling it a delay tactic. The bench warned it may appoint a High-Powered Committee if no acceptable proposal is filed, and denied the insolvency professional's request to operate a frozen bank
Parneet S. Sachdev, chairman of Haryana RERA-Panchkula, said real estate regulation must shift from post-facto complaint resolution to technology-led predictive monitoring. Speaking at an ASSOCHAM conference in New Delhi, he outlined plans to use AI, real-time data and drones to identify project str
Thai Obayashi Corporation is developing the O-MESH Ratchadamri project, an 8-billion-baht mixed-use development in Bangkok. The project is scheduled to open in 2029.
Twelve countries, including Britain, Canada and France, announced Tuesday they would impose trade sanctions on Israeli settlements in the West Bank, citing rising settler violence against Palestinians. The move includes import bans and restrictions on companies providing services for settlement expa
Dominion Holdings, Inc. expects its merger with two firms that hold 100% of voting rights in Sagittarius Mines, operator of the Tampakan Copper-Gold Project, to be completed in Q4 2026, pending shareholder and regulatory approvals. The deal will give DHI full voting control of SMI and the project's
S&P Global Ratings has warned Philippine banks to brace for prolonged volatility if the economy does not regain its footing over the next year. The credit rater expects slower loan growth, rising nonperforming loans and weaker asset quality as high inflation and subdued GDP growth squeeze household
Philippine banks' outstanding loans rose 10.4% year on year in July to P14.98 trillion, accelerating from 9.8% in June. Business lending expanded 9.8%, led by electricity, trade and manufacturing, while consumer credit growth softened amid weak confidence.
Cebu Landmasters is expanding its Bohol residential footprint with a 5.6-hectare mixed-use project in Tagbilaran City. The development will feature mid-market Velmiro housing and the company’s first Mirani condominium in the province, with commercial spaces.
The Department of Environment and Natural Resources and the ASEAN Centre for Biodiversity launched the AHP Regional Action Plan 2026-2035 to improve conservation of natural parks across member states. The roadmap addresses sustainable financing, ecosystem restoration, and regional cooperation for th
The Philippines’ Department of Public Works and Highways and the Japan International Cooperation Agency have signed a technical cooperation agreement to boost capacity for bridge replacement and rehabilitation, as well as road tunnel construction. The agreement also covers urban drainage management
Singapore's parliament passed the Land Titles (Strata) (Amendment) Bill on Sep 8, lowering collective sale consent thresholds to 70% for developments aged 40-59 years and 65% for those aged 60 years and above. The law also tightens rules, including halving the signature collection timeline to six mo
Wholesale price growth of construction materials in Metro Manila accelerated to a 3.6% year-on-year increase in August, the fastest in three years. The Philippine Statistics Authority attributed the rise mainly to higher prices of concrete products.
ASML has begun construction of the BIC North production campus on 35 hectares near Eindhoven Airport, adding capacity for up to 20,000 workers. The expansion comes as the chip-equipment maker races to fulfill orders for EUV lithography tools booked through 2027, driven by surging AI demand.
De La Salle University and GCash have launched a fintech engineering elective for undergraduate students to build a pipeline of locally trained technology talent. The NextGen Tech Builders Program includes classroom instruction, hands-on training and a fintech capstone project.